All Finance articles – Page 41
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Paddy & Scott's signs Middle East JV
Paddy & Scott’s, the Suffolk coffee shop operator and roaster, has signed a joint venture in the Middle East with the El-Sadek Investment Group LLC, MCA understands.
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Brasserie Bar Co achieves £8m+ sales in December
Brasserie Bar Co turned over more than £8.6m during December, with Christmas “a big success”, MCA has learnt.
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East Coast Concepts like-for-likes up 10% over Christmas
East Coast Concepts, the operator of Neighbourhood and Victor’s, has recorded a record Christmas trading period with sales up across its restaurant and bar group.
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GK managed YTD lfls down 1.4%; festive sales up 1.6%
Greene King has recorded a 1.4% decline in like-for-like (LFL) sales in its Pub Company business for the first 37 weeks of the year to 14 January 2018.
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Management team takes control at Salt Yard Group
The management team of the Salt Yard Group has taken control of the four-strong business
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Zuma owner Dogus eyes London IPO
D-ream, which owns stakes in Zuma, Roka, Tom’s Kitchen and Coya, could be spun out for a potential London IPO, Bloomberg reports.
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Vagabond in investment talks
Vagabond, the award-winning wine shop and deli concept, is in investment talks as it plans to open four further sites this year
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Gunewardena hails 'flight to quality' in December trading
Des Gunewardena has credited a “flight to quality” to D&D London’s strong December trading.
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BrewDog extends fundraise
BrewDog is extending the deadline for its Equity for Punks crowdfunding programme citing an “incredible groundswell of demand” to invest.
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Byron FY losses hit £10m
The CVA proposal document for Byron shows that the company’s like-for-likes sales declined to -17% at one stage
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Network Rail reports 9% sales growth over Christmas
Network Rail has reported 9% retail sales growth across its managed stations over the festive period.
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Redcomb Pubs reports December LFLs up more than 12%
Redcomb Pubs has reported a like-for-like sales increase of 12.6% during December 2017, compared to the same period the previous year.
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The Alchemist secures £16m finance package
The Alchemist is set for further growth after securing an additional £16m finance package
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Zing Zing extends crowdfund campaign
Zing Zing, the Chinese delivery concept, has extended its crowdfunding campaign by at least two weeks to allow more investors to come on board.
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Be At One LFLs up 8.1% for the YTD
Be At One has announced an 8.1% increase in like-for-like (LFL) sales for the year to date (YTD), helped by strong sales over the Christmas period.
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Ahmed buys £1m freehold of tandoori
Tandoori restaurant operator Malik Ahmed has bought the freehold of his Cookham site following a £1,050,000 loan from HSBC.
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Hallsworth crowdfund falls flat
Kurobuta founder Scott Hallsworth has failed to reach his crowdfunding target to open a bricks and mortar site for Pan Asian restaurant and bar concept Freak Scene.
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Barworks reviews its options
Barworks, the London-based pub and bar group led by Marc Francis-Baum, is considering its funding options
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Crowdfunding round-up
From Brewdog to Burning Night, MCA looks at the latest crowdfunding campaigns in the sector.
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Burning Night secures investment for Sportskeller rollout
Burning Night Group has announced a significant investment from a private investor allowing it to launch new sports-themed bar concept Sportskeller.